Toncoin surged 8% in 24 hours, recovering from bearish traps.
RSI at 54 indicates a neutral market condition.
Toncoin, the native token of the well-known TON blockchain, is currently making significant waves in the crypto market, experiencing a sudden surge of 9% in the past 24 hours, climbing from $1.9682 to $2.12. This recovery comes after a week of downward price movement, during which it faced a 5% decline.
One of the most noteworthy developments for Toncoin this month has been its bullish performance, with a 22% surge in value. The catalyst for this surge appears to be Telegram‘s decision to integrate the crypto wallet Ton Space, a move that garnered significant attention and interest from investors.
Notably, Telegram’s collaboration with the Ton blockchain was featured prominently in Binance’s Monthly Market Insight Report, where it was described as “stoking the flame of potential mass adoption.” This partnership has undoubtedly added to the positive sentiment surroundi
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